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Collective ownership emboldens everyone to give new ideas to all segments of the development. This becomes more reliable than setting person that is in-charge of inspecting specific classes.

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Q: What is collective ownership?
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Related questions

What economic system is based on collective ownership?

Communism


Economic system based on collective ownership?

Libertarian Socialism is the economic system based on equal collective ownership of property. It includes Social anarchism and libertarian Marxism.


Is a political model advocating collective or governmental ownership of the means of production and distribuction and distribution of goods?

Collective


The economic system that calls for a maximum of collective ownership is?

communism


What type of political system has collective government ownership of the economic system?

Socialism


What is an ideology that calls for collective or state ownership of all land and other productive property?

Communism


Characteristics of centrally planned economy?

government ownership and control, equality (collective)


Under Marxism who must own the means of production?

The means of production is owned by the collective ownership of the workers.


What has the author A W J Thomson written?

A. W. J. Thomson has written: 'Unit determination in public employment' -- subject(s): Collective bargaining, Collective bargaining unit, Collective labor agreements, Government employees 'The nationalized transport industries' -- subject(s): Government ownership, Transportation and state 'Collective bargaining in the British public sector'


What are the features of public sector?

Public sector lacks private motives, there collective ownership, accountable to political leaders and it provides public goods.


What is the basic idea of socialism?

Social ownership of the means of productionEconomic planning to coordinate production and investmentWorkers' self-management or collective-decision making in firms


Which economic system calls for a maximum of collective ownership?

Classical capitalism